Millennium Hotels and Resorts Reviews - Airbnb Property Manager Performance & Revenue

Millennium Hotels and Resorts

Average Occupancy Rate
41%
Average Daily Rate
$280
Average Revenue
$35,877
Listings Under Management
10
Market Coverage
New York

Millennium Hotels and Resorts Overview

Looking for a reliable Airbnb management company in New York to maximize your short-term rental revenue? Millennium Hotels and Resorts specializes in managing vacation rentals and holiday homes, offering seamless STR property management services. With a competitive commission structure and expert handling of bookings, guest communication, and pricing optimization, Millennium Hotels and Resorts helps property owners increase their occupancy rates and revenue.

How Do Millennium Hotels and Resorts Listings Compare to the Average New York Airbnb Market Performance?

To make an informed decision whether Millennium Hotels and Resorts is the best Airbnb property manager for your New York short-term rental, it’s important to compare its listings performance with the average metrics for the market. Airbtics data-driven analysis covers average daily rate (ADR), occupancy rate, annual revenue, and more to help you.

Whether you’re an established vacation rental investor or a beginner host, find out if Millennium Hotels and Resorts is the best choice for your Airbnb business.

Average Daily Rate (ADR) Occupancy Rate Average Annual Revenue
Millennium Hotels and Resorts $280 41% $35,877
New York $167 68% $39,022
Competitive Positioning +68% -40% -8%

Our data-driven analysis covers average daily rate (ADR), occupancy rate, revenue per listing, and guest reviews to help you make an informed decision. Whether you're a property owner or investor, find out if Millennium Hotels and Resorts is the best choice for your short-term rental business.

Millennium Hotels and Resorts Growth: 0.0% More Airbnb Listings Under Management YoY

Over the last 12 months, Millennium Hotels and Resorts has increased the number of short-term rentals it manages by 0.0%. This expansion indicates growing demand and a strong market presence. 🏖️

Millennium Hotels and Resorts Airbnb Management Fees

The average New York Airbnb property manager charges 10-15% of short-term rental income for half-service management and 20-30% for full-service management. Premium New York Airbnb management companies charge up to 40-45% of the booking total. The exact rate depends on your exact location, property type and size, and required vacation rental management services.

To get a custom quote from Millennium Hotels and Resorts about their Airbnb management fees, get in touch with the team.

Millennium Hotels and Resorts Reviews by Guests & Hosts

Millennium Hotels and Resorts has an average rating on Airbnb of 4.3. This Airbnb rating indicates that Millennium Hotels and Resorts provides an adequate experience, but there are areas for improvement to fully meet guest expectations.

Millennium Hotels and Resorts’s Top Airbnb Reviews by Guests

★★★★★
Beautiful hotel. Great service and location. Thank you, Yolanda
★★★★★
Exactly as described. Location is right by Times Square. Staff was friendly and helpful. Room was adequate, as expected for the price. Would definitely stay here again.
★★★★★
Excellent location!! All NYC hotel rooms are smaller than average (in my experience) - but rooms were clean and had most of what you need. No microwave or fridge (if that's what you might need / normally expect...) Staff were friendly, rooms cleaned daily. The elevator wait times (especially going down to the lobby from your room) was frustrating a lot of the times (LONG delays!) But again - location was great! Everything is very "walkable" from the hotel. Coffee shops & food options (multiple) located right outside the door! Would definitely recommend and stay there again in the future.
★★★★★
Friendly staff and fun location!
★★★★★
Very comfortable.


Is Millennium Hotels and Resorts a Good Airbnb Property Manager Option in New York?

Considering Millennium Hotels and Resorts property management services, fees, and performance vs market average, it could be a good option for some Airbnb hosts and owners looking for passive short-term rental property investments in New York.

To decide if Millennium Hotels and Resorts is the best choice for you, take into account the costs and benefits. Evaluate whether the expected boost in rental revenue due to professional services and the elevated level of comfort for you exceed or not the monthly Airbnb management fees charged by Millennium Hotels and Resorts.

It’s best to schedule a call with Millennium Hotels and Resorts to discuss your particular situation, what the Airbnb manager can do for your property, and how much exactly you’d need to pay them.

Top 5 Millennium Hotels and Resorts’s alternatives and competitors

If you’d like to explore the best Millennium Hotels and Resorts competitors and alternatives in the local market, check out these top New York Airbnb management companies: